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ISACA Certified in Risk and Information Systems Control · Isaca
Select one answer.
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When the question mentions “improving performance” with stakeholders, we look for an answer that: Involves stakeholders directly Focuses on prioritization (high impact / high probability risks) Uses qualitative analysis first (quick, effective filtering)
The question says the risks were identified by the project manager (you). The reason why it should be to involve subject matter experts (usually with deep technical knowledge) it's so that they can help to identify new risks/missed risks and also provide valuable input on those already identified.
Explanation: While all the options provided have their merits, focusing on the high-priority risks through qualitative risk analysis is the most strategic approach for several reasons: Resource Allocation: By focusing on high-priority risks, you ensure that your limited resources (time, money, expertise) are allocated to the risks that could have the most significant impact on the project. Impact on Project Performance: Addressing high-priority risks first can significantly improve the project's performance by mitigating or avoiding the most severe potential issues that could derail the project. Stakeholder Engagement: High-priority risks are likely to be of greater concern to key stakeholders. Addressing these risks can help in maintaining stakeholder confidence and support throughout the project. Why the Other Options are Less Optimal: A. Involve subject matter experts in the risk analysis activities: